UPDATE-GM touches 4-month high as third-quarter profit, revenue beat
Results helped by strong demand for trucks in North America, increased profit margins in China
Company
General Motors Company
NYSE:GM
General Motors Company (GM) is a global automotive company. It develops, produces and markets cars, trucks and parts worldwide. GM also provides automotive financing services through General Motors Financial Company, Inc. (GM Financial), formerly AmeriCredit Corp. (AmeriCredit).
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US shares poised to open higher as earnings season continues
US shares are poised for a higher open on what promises to be a busy day as earnings season reaches full swing. .
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U.S. stock-index futures drop after GDP data, amid Greece debt talks; Netflix rises
U.S. stock-index futures fell amid revised first-quarter growth data and after reports that Greece’s creditors haven't accepted Athens’ latest reform proposals. Futures for the Dow Jones Industrial Average fell 0.3 percent to 18
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GM’s chief executive Mary Barra stressed that the Detroit giant "is not interested in a merger with FCA," noting it would not generate savings and halt the revitalization of the various business implemented by the new management.
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U.S. stocks tanked today as a sharp increase in the dollar sent investors into havens such as Treasury bonds. The S&P 500 (INDEXSP:.INX) fell 1 percent to 2,105.52 at 3:43 p.m. in New York. The 30-company Dow Jones Industrial Average (I